Annual Budget for the Spanish Royal Household

Keystone · #1 06-05-2009, 10:56 AM

Greetings everyone!

I am doing a report for Wiki on the Spanish monarchy, and I have come to the portion on the cost of the monarchy. I have found, via the Royal Household website that the annual budget granted to the king for finacing the royal family is about 9 million, which goes towards paying senior household staff, financing events, running their offices, also it goes towards maintaining the royal family... which I take to mean also groceries, clothing, educational expenses (children).

But what I don't have is the cost altogether, In the BBC I have found that the cost for the UK Royal Family is about 40 million, thats all costs together including events, and maintaining palaces and the like.

Does anyone else have any resources they may plunder? I am chiefly looking for news articals that I may cite or some other verifyable source.

Any assistance you may offer is greatly appreciated!

dbarn67 · #2 09-15-2010, 09:12 AM

Spanish Royal Palace says it expects its 1st ever budget cut because of austerity plans

http://www.canadianbusiness.com/mark...tent=D9I89LHO0

AnaC · #3 09-15-2010, 10:22 AM

I posted weeks ago in a thread called Wealth and Finances a long post about this, but I don't remember if there was anything about their global cost. I've read the real and complete cost is 25 millions €, but they are just estimations that can't be trusted. For example, this figure(25millions) was given in a british article dealing with Juan Carlos' wealth but they weren't accurate in other, easy to check points. For example, any palace the King uses in different areas of Spain belong to the Spanish state and this article wrote that they were actually Juan Carlos property.